Jason Kyd and Melissa Person Promoted to the Role of Divisional Senior Vice President within Great American Insurance Group
CINCINNATI – January 11, 2023 – Great American Insurance Group is pleased to announce the promotion of Jason Kyd and Melissa Person to the role of Divisional Senior Vice President within its Fidelity / Crime Division.
Mr. Kyd joined Fidelity / Crime in 2005, after several years as a Specie broker for Marsh London. He has been pivotal in growing and developing the Division’s successful Specie book. Mr. Kyd also established the Company’s Fine Art book, which recently expanded into Canada. In his vast responsibilities, Mr. Kyd oversees the Division’s Claims, Finance, Processing and Auditing teams as well as the Fine Art group. He also serves as a board member with the Secure Cash and Transport Association (SCTA). Mr. Kyd started his career in Lloyds of London and has worked in the insurance industry for more than 30 years.
Mrs. Person joined Fidelity / Crime in 2002 and has spent her entire career with Great American. She has been instrumental in developing the Division’s program business, including the Kidnap, Ransom & Extortion product. Mrs. Person was vital to the growth of the Division’s MGA relationships, launching successful books of gaming and condominium association business. Mrs. Person was also influential in growing the Division’s small business initiative, including the development of an online quoter. Mrs. Person earned a Bachelor of Arts from Springfield College and a Master of Business Administration from the University of Hartford.
“We are excited to elevate some of our top talent to the next stage in their careers. Melissa and Jason have been with us since the early days of our Division and have both been instrumental in helping us achieve a market ranking as the third largest crime writer in North America,” said Stephanie Hoboth, Divisional President, Fidelity / Crime. “Their dedication to excellence and their incredible customer service skills have been so critical to our success.”
With more than 25 years of protecting virtually every class of business from crime-related losses, Great American’s Fidelity / Crime Division has a depth of experience in both underwriting and claims that is unmatched in the marketplace. As one of the largest monoline crime insurers in the hemisphere, the Fidelity / Crime Division maintains $50 million in underwriting capacity for private and public businesses, financial institutions and governmental entities, and $65 million in a broad kidnap, ransom & extortion policy. Additionally, Fidelity / Crime offers specialized products and programs for fine art, casinos and gaming operations, armored car companies, mining risks, ATM companies, security guards and check cashers.
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. Great American Insurance Company has received an “A” (Excellent) or higher rating from the AM Best Company for more than 110 years and is currently rated “A+” (Superior). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.